Welteke flags Buba may sell gold, buy stocks

GERMANY - Bundesbank President Ernst Welteke on Monday surprised central bank watchers by signalling the bank might consider selling part of its gold reserves and reinvesting the proceeds in shares as well as in bonds.

It was the second time in just over a month that Welteke had suggested the Bundesbank, which with 3,500 tonnes is the world's second-largest official holder of bullion after the United States, would sell some of its gold reserves.

But it was the first time Welteke had mentioned

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